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Topic - NW

Investec merger boosts Rathbones' profits by 120%, reaching £112.1 million
By City AM
Profit for the group jumped to £112.1m in line with expectations thanks in part to 'synergy realisation'
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‘Incredible new chapter’ for food group Princes as £700m Italian takeover by Newlat completes
Food and Drink
Merged food giant will be known as 'New Princes Group'
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Irn-Bru maker says iconic Scottish drink growing in popularity in England as it completes site closure programme
Food and Drink
AG Barr closed sites in the North West, London and West Midlands in restructure
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HS2 hit by £2bn in costs after northern leg scrapped
High Speed 2
Latest annual report reveals the full financial scale of decision last year to abandon second phase of high-speed rail scheme
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MediaCity boss defends growth plans after warning Salford Quays could become an overdeveloped ‘supercity’
North West
Scheme set to include a 'convenience-led town centre offering' with community facilities
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Another deal for Knights with Thursfields buyout
Legal
North West law continues expansion with £12.5m acquisition of West Midlands practice
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Glass maker Pilkington planning green hydrogen plant as it bids to decarbonise its North West home
Manufacturing
NSG and Grenian Hydrogen want Government backing for St Helens investment
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Wood finishing firm Littlefair's wins backing from £660m fund to support its growth plans in º£½ÇÊÓƵ and US
SMEs
'This funding will catapult our business into its next phase of growth'
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Tributes to ‘one of a kind’ Bermans founder Keith Berman, whose law firm saw success in º£½ÇÊÓƵ and USA
Law
Founder moved to New York in the 1980s and was renowned for his 'flamboyant' cape and bow ties
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MBO at marketing firm Red C after 30th anniversary
Enterprise
Company turns over £2m with clients including AkzoNobel and the Rugby Football Union
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Unilever shares surge to top of FTSE 100 despite sales missing target
By City AM
The Dove and Marmite-maker said it grew revenues by 3.9 per cent in the quarter, below the 4.2 per cent that analysts had been expecting as a turnaround plan from chief Hein Schumacher failed to convince customers.
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Private equity firm Palatine backs fast-growing edge computing provider
Deals
The Manchester-headquartered investor has agreed a deal with Bristol-based StorMagic
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Trafford Centre owner sees profit slump by more than half despite revenue nearing £100m
By City AM
The company behind the iconic shopping centre in Manchester saw its pre-tax profit more than halve to £29.4 million in the 12 months to December 31, 2023, newly-filed accounts reveal
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Liverpool-based Princes Group swings to profit, paving way for Newlat's £700m acquisition
North West
Princes, which makes food and drink products for a number of household name brands including Branston, Olivio, Batchelors and Napolina, is set to be sold to Newlat Food S.p.A from Mitsubishi Corporation later this month
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LAD Bible owner LBG Media sees shares surge 12% amid soaring audience numbers
By City AM
LBG Media said that the UEFA Euros tournament provided opportunities to work with brands such as Uber Eats and these helped offset weaker advertising revenue in the first half.
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Nichols rewards investors with £20m bonus after profit surge, despite revenue dip
Retail & Consumer
The group, which also owns Slush Puppie, reported that adjusted operating profit for the six months to June 2024 rose by 14.4 per cent to £13.1m
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Grainger buys Manchester housing development The Astley scheme in £31m deal
property news
The acquisition strengthens Grainger's portfolio of about 1,700 rental homes in the city
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Student accommodation specialist Abode plans new HQ in former bank in Alderley Edge
Offices
Developer planning to convert landmark former Barclays with support from lender Together
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Manchester's inspiring digital and creative firms celebrated as shortlists for MPA Inspiration Awards 2024 revealed
North West
Judges praise this year's 'impressive and inspiring entries'
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Milestone reached at Bristol Myers Squibb pharmaceutical lab and office complex in Wirral
Pharmaceuticals
Moreton building has now reached its highest point
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GB Group: Software firm expects revenue growth despite last year's drop
By City AM
Group said its identity verification and location intelligence services would drive revenue growth in the year ahead
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Praetura Ventures backs AI and e-ecommerce specialist Ocula
Lloyds
'AI’s role within e-commerce has grown exponentially over the past several years'
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Two lettings at Kingsway's Imperial scheme as AV firm Solotech and textiles firm Cleland McIver sign up
Asda
Greater Manchester Pension Fund hails 'positive impact' on local economy
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MoD says £6.5bn deal with weapons maker MBDA secures thousands of jobs
Armed Forces
The 10-year agreement was announced by newly appointment defence secretary John Healey at Farnborough Air Show
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